HOBART RANCH

Operated by BCE-MACH III LLC (P-5 40209) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261785District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
May 2010 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-02-24205060
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition5,259 bbl$326,698
GasProduction931,105 Mcf$3,442,248
Total$3,768,946

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.7323, -100.3799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73227, -100.37986 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,830 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,830 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-21134500356812,830 ftMay 2010

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (193)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

193 months

May 202601,583106.413.05$4,822
Apr 202601,77198.932.87$5,082
Mar 202601,20389.753.15$3,789
Feb 202601,28163.503.75$4,804
Jan 202601,64559.138.00$13,157
Dec 202501,72156.664.41$7,595
Nov 202501,60058.593.93$6,282
Oct 202501,66959.383.30$5,516
Sep 202501,67462.743.08$5,151
Aug 202501,70463.933.01$5,137
Jul 202501,74466.743.32$5,782
Jun 202501,69966.483.13$5,316
May 202501,79360.553.23$5,796
Apr 202501,69662.363.54$6,009
Mar 202501,86667.704.27$7,965
Feb 202501,61070.884.34$6,989
Jan 202501,60674.324.28$6,872
Dec 202401,92568.993.12$6,009
Nov 202401,88469.052.20$4,142
Oct 202401,95571.372.28$4,460
Sep 202401,96369.612.36$4,641
Aug 202402,05675.632.06$4,243
Jul 202402,07779.932.15$4,458
Jun 202402,19578.082.63$5,782
May 202402,22478.812.20$4,889
Apr 202401,90284.451.66$3,156
Mar 202401,93480.301.55$2,988
Feb 202401,97776.091.78$3,526
Jan 202402,01073.023.30$6,628
Dec 202301,95771.262.61$5,109
Nov 202302,07577.892.81$5,826
Oct 202302,10385.443.09$6,493
Sep 202302,09689.042.74$5,733
Aug 202302,22080.522.67$5,934
Jul 202302,29874.852.64$6,071
Jun 202302,19268.962.26$4,951
May 202302,16970.622.23$4,831
Apr 202302,15578.122.24$4,822
Mar 202302,26872.852.39$5,428
Feb 202302,20075.112.47$5,425
Jan 202302,18776.533.39$7,409
Dec 202202,07976.415.73$11,911
Nov 202202,17285.005.65$12,264
Oct 202202,39987.185.86$14,067
Sep 202202,33884.888.16$19,087
Aug 2022502,39894.529.13$26,613
Jul 202202,499101.587.54$18,848
Jun 202202,363115.097.98$18,850
May 202202,370109.378.43$19,986
Apr 202202,268104.226.84$15,508
Mar 202202,072108.885.08$10,518
Feb 202202,26891.054.86$11,020
Jan 202202,41381.844.54$10,949
Dec 202102,37671.323.90$9,264
Nov 202102,34977.435.24$12,301
Oct 202102,53979.795.71$14,508
Sep 202102,61069.865.35$13,966
Aug 202102,38466.024.22$10,062
Jul 202102,55770.783.98$10,182
Jun 2021512,61369.493.38$12,378
May 2021382,58363.483.02$10,207
Apr 2021302,51760.362.76$8,754
Mar 2021522,64261.302.72$10,366
Feb 2021191,83857.805.55$11,295
Jan 2021342,47450.412.81$8,667
Dec 2020512,59544.642.68$9,219
Nov 2020192,70838.772.71$8,066
Oct 2020232,54836.972.48$7,165
Sep 2020172,50037.091.99$5,608
Aug 2020152,59939.982.39$6,799
Jul 2020212,65138.371.83$5,644
Jun 2020322,62234.901.69$5,549
May 2020282,68616.921.81$5,348
Apr 2020242,67214.751.80$5,175
Mar 2020352,59630.341.86$5,881
Feb 2020352,43649.881.98$6,571
Jan 2020402,65657.252.09$7,854
Dec 2019312,64259.012.30$7,917
Nov 2019352,51455.302.75$8,851
Oct 2019372,75953.472.42$8,651
Sep 2019292,60855.052.66$8,527
Aug 2019362,71653.112.30$8,171
Jul 2019142,73856.272.46$7,523
Jun 2019242,61052.782.49$7,769
May 2019312,74358.482.74$9,330
Apr 2019252,66362.632.75$8,891
Mar 2019202,52256.803.06$8,859
Feb 2019322,55750.852.79$8,767
Jan 2019192,87946.033.23$10,169
Dec 2018282,90346.594.19$13,455
Nov 2018322,30152.934.24$11,444
Oct 2018142,83261.443.40$10,484
Sep 2018402,85459.543.11$11,252
Aug 2018862,97459.403.07$14,228
Jul 2018392,87365.142.93$10,964
Jun 201882,86060.183.08$9,281
May 2018122,99065.382.90$9,458
Apr 2018122,86563.842.90$9,077
Mar 20181222,99161.222.79$15,804
Feb 2018722,70461.782.77$11,928
Jan 2018122,98862.874.01$12,734
Dec 2017103,00357.272.92$9,346
Nov 201792,98755.423.12$9,813
Oct 20171353,00549.292.98$15,620
Sep 2017102,88247.523.09$9,373
Aug 20171363,00945.373.00$15,211
Jul 201773,07643.873.09$9,804
Jun 201772,96942.493.09$9,464
May 201793,10245.373.26$10,531
Apr 201763,03347.933.21$10,028
Mar 201793,13646.772.98$9,778
Feb 201792,84150.452.95$8,842
Jan 20171293,04649.413.42$16,788
Dec 201673,04348.763.72$11,670
Nov 2016103,08742.492.64$8,588
Oct 201693,28446.193.09$10,564
Sep 20161953,14641.553.10$17,857
Aug 201683,35441.442.92$10,140
Jul 201693,37241.622.92$10,235
Jun 2016103,33845.352.69$9,419
May 20162023,46942.521.99$15,496
Apr 2016163,27636.561.99$7,108
Mar 201613,54333.011.79$6,389
Feb 2016203,31726.472.06$7,374
Jan 2016173,74727.352.36$9,324
Dec 20152103,42932.362.00$13,658
Nov 2015143,57238.792.17$8,285
Oct 2015163,69043.552.43$9,651
Sep 2015123,66042.992.76$10,612
Aug 201593,79740.162.87$11,268
Jul 20151853,89548.152.95$20,379
Jun 201543,69756.152.88$10,883
May 201583,81755.212.96$11,723
Apr 201573,87849.822.71$10,845
Mar 201564,16342.892.93$12,475
Feb 20151913,31444.662.98$18,393
Jan 2015103,38343.433.10$10,924
Dec 201473,34454.693.59$12,392
Nov 201483,70770.464.25$16,325
Oct 201474,12778.303.90$16,647
Sep 201484,05786.164.05$17,102
Aug 201494,18689.394.04$17,696
Jul 2014184,32196.564.18$19,798
Jun 2014184,11398.164.74$21,250
May 2014214,36494.734.73$22,616
Apr 2014214,21295.944.81$22,271
Mar 2014244,39095.895.06$24,501
Feb 2014213,76797.406.19$25,371
Jan 2014274,80590.404.86$25,797
Dec 2013264,81091.824.35$23,332
Nov 2013264,70088.853.74$19,880
Oct 201304,44497.423.78$16,795
Sep 201304,894104.113.72$18,195
Aug 201305,381104.253.52$18,955
Jul 201305,604102.523.72$20,834
Jun 201305,53694.403.93$21,775
May 20131805,80494.834.15$41,151
Apr 201305,78593.964.28$24,775
Mar 201305,81893.623.91$22,765
Feb 201305,55991.233.42$19,011
Jan 201305,91291.603.42$20,219
Dec 201207,38686.773.42$25,261
Nov 201206,37186.953.62$23,095
Oct 201206,81989.383.40$23,182
Sep 201206,90394.672.92$20,146
Aug 201208,26592.662.91$24,036
Jul 201207,89485.133.02$23,846
Jun 201208,04479.822.52$20,263
May 201208,44991.612.49$21,024
Apr 201208,393101.652.00$16,759
Mar 201208,894105.052.22$19,763
Feb 201207,085101.102.57$18,210
Jan 201208,67998.092.73$23,729
Dec 201109,41596.873.24$30,502
Nov 201108,99195.723.31$29,772
Oct 2011010,77084.983.65$39,295
Sep 2011011,11683.623.99$44,306
Aug 2011011,79683.404.15$48,945
Jul 2011012,60494.144.52$56,935
Jun 2011012,49992.904.64$57,994
May 201119713,15998.134.40$77,295
Apr 2011012,296105.964.33$53,282
Mar 2011012,64396.364.06$51,297
Feb 201120112,75785.644.18$70,538
Jan 2011015,34486.504.59$70,410
Dec 201019816,13485.734.35$87,121
Nov 2010015,34580.843.80$58,239
Oct 201020018,40078.103.51$80,184
Sep 2010019,69572.633.98$78,376
Aug 2010022,69473.684.42$100,293
Jul 201018927,72572.554.74$145,031
Jun 201057739,30670.364.91$233,606
May 201020068,87171.124.24$305,908

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,583 Mcf  × $  3.05 =     $4,822

────────────────────────────────────────────────────
Month total                                   $4,822

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/261785 is the state's own key, not one this site invented.